ICYMI: Florida Businesses Continue To Be Harmed By Ex-Im’s Lapse
As Congress prepares to take an important step forward today to reauthorize the Export-Import (https://exportersforexim.org/files/2015/10/ex-im) bank, job creators across florida continue to face challenges competing in a global economy due to the bank’s lapse. in the the tampa tribune, rick barkett, chief operating officer of tampa-based amalie oil, says that ex-im needs to be a “viable option” for manufacturers because it helps businesses grow.
You can read more about the value of Ex-Im to Florida businesses below.
In addition, please see more stories here that highlight the negative consequences of Ex-Im’s lapse across the country.
Ex-Im Needs To Be A “Viable Option” For Florida Exporters. “‘In America, any company that manufactures and has a means to distribute to another country, that needs to be a viable option for them because it is helping us grow businesses here.’” (Yvette C. Hammett, “Congress’ Failure To Reauthorize Export-Import https://exportersforexim.org/files/2015/10/bank could hinder local exporters,” The Tampa Tribune, 10/24/15)
Yavid Corp., A Florida-Based Small-Business Providing Logistical Support To Exporters, Has Seen Business Slow Down During Lapse Of Ex-Im. “But since June, when Ex-Im was allowed to expire, our business has slowed. Our customers are unable to close deals and sell their goods abroad.” (Luis Vidal, “Ex-Im Bank Is Vital To Florida’s Economy,” Miami Herald, 10/25/15)
Reauthorizing Ex-Im Is “Critical” For Florida Manufacturers. “‘The growing importance of exports for manufacturers and their workers — with some exporting 20, 40 or even 80 percent of their U.S. products — means reviving Ex-Im Bank is critical.’” (Yvette C. Hammett, “Congress’ Failure To Reauthorize Export-Import https://exportersforexim.org/files/2015/10/bank could hinder local exporters,” The Tampa Tribune, 10/24/15)
The Florida Chamber Of Commerce Calls For Reauthorization Of Ex-Im. “The Chamber advocates for the re-authorization for pragmatic purposes, contending the bank has helped 600 Florida companies export goods globally during the past five years, pointing out that since 2007, the Export/Import https://exportersforexim.org/files/2015/10/bank has handled $8.17 billion in global sales from sunshine state business entities.” (A.G. Gancarski, “Florida Chamber Calls For Action On Export/Import https://exportersforexim.org/files/2015/10/bank,” Florida Politics, 10/26/15)